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Is the UK Index Rally Sustainable? (Accendo Quote)

Morningstar – 10 Aug 2012 http://www.morningstar.co.uk/uk/news/articles/107696/Is-the-UK Index -Rally-Sustainable.aspx

UK Index Steady; BoE Cuts Economic Growth Forecast (Accendo quote)

Morningstar – 8 Aug 2012 http://www.morningstar.co.uk/uk/news/articles/107665/UK Index -Steady%3B-BoE-Cuts-Economic-Growth-Forecast.aspx

Barclays LIBOR Scandal

LIBOR stands for London Interbank Offered Rate and is calculated in 10 currencies by taking the average of bids made by leading banks (usually 6 to 18 to remove outliers) for lending rates in London when lending to other banks. LIBOR rates are fundamental benchmarks for setting prices of $350 trillion of financial products. Barclays admitted traders…

UK Index trading day highs @ 5,750…

Spanish debt auction – Sells more than expected on good demand German ZEW Survey – Sentiment better in Germany and Eurozone IMF Outlook – A little rosier Goldman Sachs – Smashes targets again

Goldman Sachs…

Goldman Q1 revenue $9.95 billion, Exp $9.41, EPS $3.92 Exp. $3.55

UK 100 storms ahead after being flat all day!

Rumors are circulating about a possible RRR cut in China, a form of easier monetary policy. (Twitter) Market Talk of a better than expected Chinese Q1 GDP figure out overnight (3am UK time), suggestions of a figure around 9% vs 8.4% forecasted (Squawk Box and Twitter) US policy makers have indicated interest rates will remain…

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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